Viqueira buys a building in Porto for touristic rental accommodation

Viqueira buys a building in Porto for touristic rental accommodation

The Vigo-based Viqueira Group, dedicated to construction, real estate development, property activity and hotel operation, has taken a new step towards the internationalisation of its business with the acquisition of an emblematic building located in the heart of the Portuguese city of Porto, which it will dedicate exclusively to touristic accommodation.

Strategically located next to the iconic Church of the Clérigos, the new asset reflects Grupo Viqueira's vision to offer unique experiences to travellers seeking to immerse themselves in the city's rich history and culture. The choice of Porto as the destination for this investment is no coincidence, as the city has experienced significant tourism growth in recent years and has established itself as an attractive destination for travellers from around the world.

This strategic move underlines Grupo Viqueira's commitment to diversification and the constant search for solid investment opportunities. The internationalisation of its portfolio will not only strengthen the group's position in the market, but will also contribute to the economic development of the chosen region.

As José Viqueira, CEO of Grupo Viqueira, explains, "The acquisition of this building in Porto is the result of a thorough evaluation of investment opportunities abroad. This strategic decision marks the beginning of the group's global expansion in the vacation rental sector and opens an exciting phase in Grupo Viqueira's trajectory. We are excited to become part of the vibrant Porto community and to contribute to the flourishing tourism industry in this region.

In addition to this acquisition, Grupo Viqueira will continue to explore new investment opportunities in the living and hospitality sector in the Portuguese market. The company is committed to evaluating projects that are not only financially sound, but also contribute to sustainable growth and the well-being of local communities.

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